Another rejection.
Another Rejection: PeopleSupport Inc.'s board rejected the
latest acquisition proposal from IPVG Corp. and AO Capital Partners due
to concerns over funding. IPVG Corp., which is a call center operator
based in the Philippines, raised its unsolicited takeover offer earlier
this month for the PeopleSupport, a Los Angeles-based outsourcing
company, to $17 per share from $15. PeopleSupport rejected the first
offer in December.
COPYRIGHT 2008 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008, Gale Group. All rights reserved.
|
Reader Opinion